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Chelyabinsk Iron and Steel Works rail products are used in the reconstruction of the Moscow subway. Under the contract, ChMK has supplied 2 thousand tons of R50 and R65 rails to the Moscow tube. Until 2020 some 265 km of rails will be replaced. This is the third order from Moscow subway to ChMK. (Ukrainian…
DetailsAzovstal will shut down its two blast furnaces: BF No. 5 will be put out of operation, while BF No. 6 will be capitally repaired. The burden of pig iron production will fall on the modernized BF No. 3 to be commissioned soon. The capital repair of the BF No. 6 will improve its efficiency…
DetailsIn January-May, Solntsevsky Coal Pit LLC mined 3.135 million tons of coal. 1.457 million tons were exported to the Asian-Pacific Region. This year the enterprise intends to mine and export 10 million tons of coal. So far, the output target has been 31% met, and export target – 15%. Last year the company mined 7.5…
DetailsAccording to the agreement on the shut down of the machinery, on May 31, Electrozinc cancelled labor agreements with 1128 employees. In particular, 271 people resigned due to retirement, while 82 left they job upon the agreement between the parties. All the employees received compensations. (Ukrainian metal)
DetailsIn late May – early June, Ukrzaliznytsia (Ukrainian Railways) announced new auctions to sell scrap. In particular, at the Prozorro system the enterprise will sell 8 lots of scrap with the combined volume of 20.2 tons. Three lost were put up for auction on May 31 (one of them repeatedly). The auctions will be held…
DetailsSince the start of the year Druza LLC has produced 362.5 kg of gold, up by 4% YoY. Last year the output was 349.1 kg of gold in 5 months. The company is operating at one licensed site – the Nevskoye gold ore deposit in Irkutsk region. This year Druza intends to produce 945 kg…
DetailsIn 2019 Lysva Iron and Steel Works intends to produce 300 thousand tons of metal, up by 20% YoY. Since the company entered the MMK group, the output has increased more than 2-fold. While in 2017 LMZ produced 110.1 thousand tons of metal, last year the output totaled 248.5 thousand tons. This year the output…
DetailsIn May, according to RZD, railroad throughput totaled 106.3 million tons, down by 3.8% YoY. In 5 months throughput dropped by 0.7%, to 532.1 million tons. Of metal cargo 32.2 million tons accounted for ferrous metals, down by 2.5%. Ferrous scrap transportation grew by 4.7%, to 5.6 million tons. Iron and manganese ore transportation increased…
DetailsIn March the state-owned Vnesheconombank made an additional contribution to the Sibuglemet statutory capital in the volume of 84 billion rubles. The VEB share in the capital has not changed, it is still 100%. VEB intends to sell the company, which is now managed by Evraz. Sibuglemet is one of the largest coking coal miners…
DetailsMagnitogorsk Iron and Steel Works (MMK) confirmed its status as the largest supplier in Russia of rolled metal for the production of pipes. At the end of 2018, the company shipped 3.3 million tons of hot-rolled steel to the Russian market, of which more than a half was delivered to companies in the pipe industry.…
DetailsIn May, Ukraine decreased steel output by 4.7% MoM, to 1.89 million tons. Pig iron manufacture dropped by 9.3%, to 1.698 million tons, while that of rolled metal grew by 4.3%, to 1.71 million tons. In 5 months Ukraine produced 8.74 million tons of pig iron, 9.33 million tons of steel and 7.89 million tons…
DetailsIn May, Zaporizhstal increased steel output by 6.8%, to 342 thousand tons. Pig iron manufacture grew by 7.7%, to 335.1 thousand tons, while that of rolled metal dropped by 5.1%, to 292 thousand tons. In 5 months Zaporizhstal produced 1.711 million tons of steel, 1.832 million tons of pig iron and 1.46 million tons of…
DetailsPrices of gold, silver and platinum increased in Azerbaijan on June 4 compared to the prices on June 3. The price of gold grew by 17.8755 manats, to 2,249.253 manats per ounce. The price of silver went up by 0.167 manats, to 25.0631 manats per ounce. The price of platinum increased by 30.9825 manats, to…
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